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Entrepreneurs Past & Present

Mrs. Alexander-Harrison. Entrepreneurs Past & Present. Entrepreneurship. An entrepreneur is a person who owns, operates, and takes the risks of a business venue Entrepreneurs try to identify and meet a need for a product or service

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Entrepreneurs Past & Present

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  1. Mrs. Alexander-Harrison Entrepreneurs Past & Present

  2. Entrepreneurship • An entrepreneur is a person who owns, operates, and takes the risks of a business venue • Entrepreneurs try to identify and meet a need for a product or service • Entrepreneurs own all types of businesses including manufacturing, retailing, and service businesses

  3. Entrepreneurship • More than 5.8 million small companies contribute to the economy • Small business generally are more creative and will to take risks than large companies

  4. There are a number of characteristics successful entrepreneurs possess: independence determination, self-confident, goal-oriented, creative, and able to act quickly • To determine if entrepreneurship is right for you, you will need to access your strengths, weaknesses, interests and aptitudes

  5. Identify Opportunities • There are several resources at the library that can help you develop a list of business ideas, books, magazines, government publications. • Trades shows are events where companies display their products • Small Business Association (SBA) can pr0vide mentors for new business owners

  6. Goals • Financial goals should include how much money you want to earn for your business. • Setting specific financial goals will help to determine if the business idea will make a profit • Non-financial goals can include serving a community need or working at something your enjoy

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